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The Credit Suisse/Tremont Hedge Fund Index was up 4.06 per cent in May, the largest monthly gain since February 2000.
Highland Credit Strategies Fund has completed the merger of Highland Distressed Opportunities into HCF Acquisition, a wholly-owned subsidiary of HCF.
MF Global, an intermediary offering solutions in global cash, derivatives and related markets, has appointed James Rowsell as managing director of Europe, effective immediately.
MKM Partners has appointed Brian Cumberland as managing director of research sales, responsible for managing the firm’s sales team globally.
Newedge, a global brokerage, has appointed Nicolas Breteau as the global head of sales and front office.
Alignment Investors, a division of BlueCrest Capital Management, has hired three investment professionals to expand its team managing absolute return focused fixed income investments.
E-Trade Financial has appointed Kenneth C. Griffin, founder and chief executive of Citadel Investment Group, to its board of directors.
Babylon Fund, an open-ended investment fund investing into large-cap Iraqi-dependant securities, has its best-performing month in May with a rise of 14.2 per cent from the previous mont
Offshore legal, fiduciary and administration service provider Appleby has merged with Dickinson Cruickshank, the largest law firm in the Isle of Man.
The Commodity Futures Trading Commission is determining whether the Henry Financial LD1 fixed price contract traded on the Intercontinental Exchange performs a significant price discove
